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Global finance entities come together in Dubai to discuss evolving cybersecurity landscape at GISEC Global 2023
from February 2023
by meafinance
Experts, leaders, and decisionmakers will join eye-opening discussions about trend topics such as the future of decentralised finance security. A recent study from Cybersecurity Ventures revealed that the global cost of cryptocrimes can top US$30 billion annually by 2025.
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The banking sector will also take the stage with pertinent talks, from innovations in security mechanisms to shadow banking – the ecosystem of entities providing banking services but not under the same regulations – and how they impact the industry.
The future of decentralised finance security among key topics to be explored at threeday event’s power-packed conference programme
Cyber threats to financial institutions have skyrocketed in the post-pandemic landscape. As the accelerated digitisation of traditional industries enhanced the consumer experience allowing fast payment transactions as never seen before, the risk of cyber-attacks on public and private companies increased exponentially.
According to the International Monetary Fund, it’s not a matter of “if” but “when” an individual will become the next victim. The IMF report states that the world has reached a critical level that calls for a community effort to protect the global financial system.
The issue intensified this year’s discussions at the World Economic Forum’s Annual Meeting in Davos, Switzerland, as experts labelled 2023 as a “consequential year” from the cybersecurity perspective, where threats are increasing in number and complexity.
Aware of the high demand for a platform to solidify the region’s efforts and support all entities in the sector, GISEC Global, the largest cybersecurity event in the Middle East and Africa, returns to the Dubai World Trade Centre (DWTC) from 14-16 March 2023.
Organised by DWTC, the exhibition is designed for key industry leaders to come together, discover innovative strategies, and remain secure from major disruptions.
International speakers and worldclass finance organisations will join the conference programme, which comprises 13 tracks and +180 hours of content tackling the challenges and innovations in the cybersecurity environment
The annual three-day show will feature more than 400 exhibitors from 42 countries, revealing the latest technologies to avert cybercrimes in multiple industries. This 11th edition comprises an extensive conference programme under the theme “Connecting minds, boosting cyber resilience,” with 13 tracks tackling the evolving cyber environment.
The show will bring back to Dubai the world-class hacker and author Jayson E.Street, who built a successful career being paid by notorious institutions, including banks and even the US Department of Treasury, to break into their systems and find vulnerabilities that can improve their security operation.
Amongst the headline of international speakers, Stéphane Nappo, VP, Cybersecurity Director, and Global CISO at Group SEB, the world’s largest kitchenware manufacturer, will bring an insightful discussion about the Scalable Warning and Resilience Model (Swarm), taking the cybersecurity approach beyond the IT scope.
GISEC Global 2023 will comprise over 180 hours of content with talks and panels from some of the world’s most influential finance companies and organisations, such as the International Labour Organization (Switzerland), European Investment Bank (Luxembourg), WIO Bank (UAE), Bank Muscat (Oman), National Bank of Egypt, Habib Bank (Pakistan), Bank ABC (Jordan), and Al Maryah Community Bank (UAE).
More information is available at: www. gisec.ae.